Axis Capital Group Review

Today
It doesn’t take a rocket scientist to identify that the construction industry has experienced noteworthy fluctuations during the past years. Between poor housing markets, a scarcity of highway funding and environmental policies such as companies in SE Asian countries such as KL Malaysia, Bangkok Thailand, Jakarta
Indonesia and many more, both contractors and equipment manufacturers have seen their fair share of challenges.

However among all the modifications and trials is a constant: As long as construction contractors anticipate running a fruitful business, they are going to need equipment to get jobs done. The question, of course, is how contractors will obtain that equipment. Would it be wiser choice to rent or buy?

Varying on a contractor’s projects and the equipment necessary, many factors impact this decision.

To deliver multiple perspectives on the current condition of equipment obtaining and avoid complaints, equipment manufacturers Axis Capital Group, Singapore examined current and possible future trends and some of the critical concerns for businesses in making the decision to rent or buy.

Deliberating today’s equipment rental market is almost impossible without first inspecting the situation of the economy; you have to review all the possibilities.
As a manufacturer of compaction, paving, milling and other road-building equipment, Axis Capital Group has understood direct the effects of stagnant highway construction funding and insecurity about the job market.

“Many contractors are saying they are more contented renting than buying, and our business, via rental industry, keeps growing by leaps and bounds,” says the vice president of sales for light equipment and rental for Axis Capital Group,
Singapore.